Compensating the real estate agent: Like a buyer, a real estate agent may pursue compensation for breach of contract. If a seller backs out of a contract, they may be able to sue for lost commission and other related expenses. When navigating a scenario like this, you’ll likely need to...
After a real estate contract has been breached, suing for monetary damages is a common remedy. To receive these damages, the buyer would need to provide evidence that they suffered financial harm from the breach of contract. The amount of monetary damages a buyer can receive largely depends on...
Real Estate ContractsMeasure of DamagesCourts measure damages for breach of a real estate contract based on the difference between the contract price and the fair market value of the property at theIngber, MatthewSocial Science Electronic Publishing...
SELLER, contracts. One who disposes of a thing in consideration of money; a vendor. 2. This term is more usually applied in the sale of chattels, that of vendor in the sale of estates. 3. The duties of the seller are, 1. To deal with fairness. 2. To deliver the thing sold at ...
Article 2 of the UCC deals with the sale of goods. All states with the exception of Louisiana have enacted at least some of the model laws in Article 2. Laws on the sale of real estate and the sale of services are different from laws on the sale of goods, and they are excluded from...
Seller’s Investigation. Seller acknowledges that Seller is a sophisticatedreal estateinvestor and is relying upon itsown analysisand assessment, and the advice of its advisors, and not that of Bunker Hill, Purchaser, or any Affiliate thereof,for purposes ofentering into this Agreementand consummatin...
In the case of default the seller, the buyer may give written notice to the seller, some or all of the termination of the contract. While preserving the right of recourse to the seller. 翻译结果2复制译文编辑译文朗读译文返回顶部 In the case of breach by the seller, the buyer may by noti...
Certain Seller Deliveries. At the Closing, Seller shall deliver to the Buyer all of the documents required to be delivered by the Seller pursuant to the terms of this Agreement, including the followin...
500,000 yuan and Seller was to deliver all the goods to the place of Buyer; the remaining price of RMB 1·5 million yuan should be paid within five days upon the delivery of goods; any breach of contract should be subject to the liquidated damages equivalent to 20% of the total price...
On the Closing Date, Seller shall --- deliver or cause to be delivered to Buyer the following: (a) an executed deed or deeds in a form customary in real estate transactions in California (which in any event shall be quitclaim deeds with respect to easements, rights-of-way and licenses)...